Lloyds issues socially responsible bond

ESG bond to tap into demand for ethical investment; deal ‘sets new water mark’ on sustainability

Lloyds Bank has tapped into the current enthusiasm for green bonds with its own Environmental, Social and Governance (ESG) bond. As Euromoney went to press, the UK bank issued a £250 million bond based on a defined set of eligible assets that underpin green bonds but going one step further by funding activities that deliver social benefits beyond environmental.

james garvey
 This is real – it isn’t going away. Increasingly large fund managers will have larger allocations for ethical investments

James Garvey, Lloyds Bank Commercial Banking


“There has been an upsurge in interest in responsible investing,” says James Garvey, managing director capital markets and portfolio management at Lloyds Bank Commercial Banking.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access